MINING.COM

Chinese businesses rush to Indonesia in lead up to mineral export ban

Chinese investors and suppliers are flocking to Indonesia in the lead up to the archipelago nation's imposition of a ban on mineral exports in 2014.

Marc Howe | October 22, 2012 | 1:24 am

Fresh calls for Carroll’s head. Anglo CEO could be out ‘within weeks’

"There have been signals from the company that there will be change at the top – and soon."

Frik Els | October 21, 2012 | 8:59 pm

Australian gold exports to China surge over 900%, iron ore sinks 5%

Australian sales of gold to China have surged a staggering 905.4% on the back of the Middle Kingdom's efforts to short up its foreign currency reserves.

Marc Howe | October 18, 2012 | 11:56 pm

ArcelorMittal mulls sale of $10 billion Canadian iron ore business

ArcelorMittal, the world's largest steel producer, is considering to sale a stake in its $10 billion Canadian iron ore business, in an attempt to weather the slump in its key commodity, reports FT.

Cecilia Jamasmie | October 18, 2012 | 7:19 pm

Standard and Poor’s cuts Anglo American’s outlook to negative

Global credit rating firm Standard and Poor's (S&P) downgraded Wednesday its outlook on Anglo American PLC (LON:AAL) to negative from stable as a result of growing concerns about the effects of South Africa’s mining strikes on the company's mining operations and on the wider economy.

Cecilia Jamasmie | October 17, 2012 | 1:55 pm

Oil and coal save BHP’s September quarter results

BHP Billiton (ASX,LON,NYSE:BHP), the world’s biggest miner by market value, posted Wednesday a weaker than expected September quarter from its West Australian iron ore mines as the company’s work on expansion plans affected production figures.

Cecilia Jamasmie | October 17, 2012 | 11:00 am

China’s share of global mining M&A’s doubles as total deals decrease

China's percentage of international mining merger and acquisition deals nearly doubled during the first half of the year according to a new report from PricewaterhouseCoopers (PWC).

Marc Howe | October 17, 2012 | 2:49 am

Gulf in cost of borrowing reflects diverging fortunes of BHP and Fortescue

A gulf of difference in the cost of financing for Fortescue (ASX:FMG) and BHP Billiton (ASX:BHP) draws into relief the diverging outlook for the two iron ore stalwarts.

Marc Howe | October 17, 2012 | 1:06 am

Gold Fields issues ultimatum to 15,000 striking miners

Gold Fields Ltd. (NYSE, JSE:GFI) said Tuesday it will dismiss all miners who fail to return to work by Thursday at its KDC West and Beatrix plants, as the company has lost over 65,000 ounces of gold production because of strikes at its South African operations.

Cecilia Jamasmie | October 16, 2012 | 6:58 pm

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ArcelorMittal declares force majeure for Duisburg-Ruhrort site

You can run but you can’t hide, CEO tells Goldman analyst

Rising iron ore prices seem to defy economics

BHP says it has seen no material impact from trade tensions

ArcelorMittal to make $1B creditor payment to bid for Essar Steel

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